JSW-POSCO to set up greenfield steel plant in Odisha’s Keonjhar

The JSW Group and South Korea’s POSCO have signed an MoU to develop an integrated steel plant in India, having an initial capacity of 5 million tonnes per annum, along with plans to explore battery materials and renewable energy spaces in India, JSW Energy and JSW Steel informed stock exchanges on October 29. JSW Energy – part of the

ADB lauds India’s fossil fuel subsidy reforms

India has since 2010 made noteworthy progress on fossil fuel subsidy reform through a calibrated ‘remove’, ‘target’, and ‘shift’ approach, the Asian Development Bank (ADB) said in a new report. “By carefully balancing the combined effect of three key policy levers – retail prices, tax rates, and subsidies on selected petroleum products – the country

Zero-carbon ammonia for shipping faces challenges

Ammonia faces major cost and safety hurdles as a shipping fuel compared to others, such as liquefied natural gas (LNG), methanol, and biofuels. Jeslyn Lerh underlines ammonia’s appeal is that it is carbon free, and would be a zero-emission fuel if made from hydrogen produced with renewable electricity. Globally, only 25 ammonia dual-fuel ships have

Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers

Wärtsilä has signed a five-year lifecycle agreement covering seven 174 000 m3 LNG carrier vessels operated by Capital Gas Ship Management. By applying Wärtsilä’s Operational Support service and performance optimisation services, the agreement will deliver enhanced reliability, greater efficiency, minimised climate impact, and operational certainty for the vessels. The seven ships are powered by WinGD X-DF

ABS releases report on nuclear LNG carrier design

The American Bureau of Shipping (ABS) has released a new report Pathways to a Low Carbon Future LNG Carrier Nuclear Ship Concept Design to address challenges to nuclear technology at sea. The 14-page report looks at the potential of advanced nuclear technology for maritime applications, with a study of a small modular reactor (SMR) on a standard

NTPC develops indigenous catalyst for methanol production

NTPC Ltd, IIP Dehradun develops Indigenous Catalyst for Methanol production from Flue Gas CO2. The Research and Development wing of NTPC Ltd, NETRA, has developed Indigenous Catalyst for Hydrogenation of CO2 to Methanol in collaboration with Indian Institute of Petroleum (IIP), Dehradun. A catalyst is an essential component for any chemical synthesis. After characterizing the

Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia

For two dual fuel ships, CSSC Huangpu Wenchong Shipbuilding Company has obtained Approval in Principle (AIP) certificates from the China Classification Society (CCS). These AIPs have been granted for the Haijing 82000T methanol dual fuel bulk carrier and the Honghu 3500TEU ammonia dual fuel container ship. Part of the Honghu SWAN series, the Honghu 3500TEU

Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB

According to a recent analysis, climate change is predicted to cause a 16.9% GDP reduction in the Asia-Pacific area by 2070 under a high-emission scenario, with India estimated to suffer a 24.7% GDP decline. According to the report, increasing sea levels and declining labor productivity would have the biggest impact on losses, with lower-income and

Masdar and EMSTEEL complete project using green hydrogen to produce steel

Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel. The Abu Dhabi-based pilot project, the first-of-its-kind in the Middle East and North African region, uses green hydrogen

DNV Grants HHI AiP for ammonia DF large container vessel

DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design. This milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel. The project focused on developing cutting-edge designs